NYS Real Estate Practice Exam (Latest 2026 ) || Most
Recent Exam 2026-2027 Actual Complete Real Exam Questions
And Correct Answers (Verified Answers) Already Graded A+ |
Guaranteed Success!! Newest Exam | Just Released!!
What agency issues real estate licenses? - ANSWER-The
New York State
Department of State (NYDOS), Divison of
Licensing Services
An estimation of how much property will sell for in a typical
transaction ? -
ANSWER-Market
Value
The highest price a Buyer will take and the lowest price a
seller will take? -
ANSWER-Market
Value
An apartment building has a heating system which although
is in good repair,
does not meet the needs of its current tenants, is an
example of what? -
ANSWER-Functional
Obsolescence
,Which term best identifies the most probable price for which
specified property
right should sell to a knowledeable buyer in a competitive
market? - ANSWER
Market
Value
What is the study of recently sold properties, currently
competiting listing, monthly expiered listings, buyer appeal
market position, assets and drawbacks, area market, conditions
recommended terms and market value range? - ANSWER-
Comparative Market Analysis (CMA)
What do you call people who get into real estate offices to
make sure that all
people are being treated the same way? -
ANSWER-Testers
If i have a disabled tenant who wants to make a modification,
what do i do? -
ANSWER-Allow them to make the medication at their own
expense and then
replace the modification upond vacating the unit all at their
own expense.
What was the year of the first major federal housing
legislation? - ANSWER-
, 1866
What was the protected class in the 1866 Civil Rights Act? -
ANSWER-Race
What was the year of the first major legislation to directly
affect property
ownership rights? -
ANSWER-1866
What would be an exception to the 1866 civil rights act? -
ANSWER-A person renting out a room in their own home,
which they actually live in, to the same sex.
What was the year of the second major piece of federal fair
housing legislation?
- ANSWER-
1968
What classes were protected under the 1968 FHA? - ANSWER-
Race, Religion,
National
Origin
In 1974, there was an amendment- what class was added
to the 1968
legislature? - ANSWER-
Gender
Recent Exam 2026-2027 Actual Complete Real Exam Questions
And Correct Answers (Verified Answers) Already Graded A+ |
Guaranteed Success!! Newest Exam | Just Released!!
What agency issues real estate licenses? - ANSWER-The
New York State
Department of State (NYDOS), Divison of
Licensing Services
An estimation of how much property will sell for in a typical
transaction ? -
ANSWER-Market
Value
The highest price a Buyer will take and the lowest price a
seller will take? -
ANSWER-Market
Value
An apartment building has a heating system which although
is in good repair,
does not meet the needs of its current tenants, is an
example of what? -
ANSWER-Functional
Obsolescence
,Which term best identifies the most probable price for which
specified property
right should sell to a knowledeable buyer in a competitive
market? - ANSWER
Market
Value
What is the study of recently sold properties, currently
competiting listing, monthly expiered listings, buyer appeal
market position, assets and drawbacks, area market, conditions
recommended terms and market value range? - ANSWER-
Comparative Market Analysis (CMA)
What do you call people who get into real estate offices to
make sure that all
people are being treated the same way? -
ANSWER-Testers
If i have a disabled tenant who wants to make a modification,
what do i do? -
ANSWER-Allow them to make the medication at their own
expense and then
replace the modification upond vacating the unit all at their
own expense.
What was the year of the first major federal housing
legislation? - ANSWER-
, 1866
What was the protected class in the 1866 Civil Rights Act? -
ANSWER-Race
What was the year of the first major legislation to directly
affect property
ownership rights? -
ANSWER-1866
What would be an exception to the 1866 civil rights act? -
ANSWER-A person renting out a room in their own home,
which they actually live in, to the same sex.
What was the year of the second major piece of federal fair
housing legislation?
- ANSWER-
1968
What classes were protected under the 1968 FHA? - ANSWER-
Race, Religion,
National
Origin
In 1974, there was an amendment- what class was added
to the 1968
legislature? - ANSWER-
Gender
